Bank: SEB report negative for Swedbank and SHB – Credit Suisse – Dagens Industri

Bank: SEB report negative for Swedbank and SHB – Credit Suisse

                  2015-07-14 14:26
             

 (SIX) Credit Suisse believes that SEB's interim report implies negative  signals for the Swedbank and Handelsbanken's interim reports with  Referring to these banks are more sensitive to the decline in  short-term interest rates, while they do not like SEB can benefit equally from  strong business around the capital markets.       It reports Dow Jones Newswires.       Credit Suisse notes that SEB's net profit was over  expectations, supported by a number of factors, but net interest income was  well below expectations.       SEB's net interest income for the second quarter amounted to 4.632  million, which was weaker than analysts' expectation  4.894 billion kronor, according to a survey from SIX News / Inquiry  Financial.       "Net interest income in the second quarter, reflecting the impact of the negative  repo rates, "wrote SEB Interim Report.       Swedbank interim report on Thursday and Handelsbanken in the next  week.      Johan  Lind, Tel: +46 8586164 48  mailto: johan.lind@six-group.se  www.blogg.six.seSIXNews  SIX News